Soybean Oil Commodity Markets, Prices & Futures

Use the chart below to check futures prices for soybean oil. Click the contract dates for more prices and trends. Cash price reflects the USDA Chicago terminal.

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Latest News From Soybean Markets
From Pro Farmer’s First Thing Today, these are some of the stories we are watching on Thursday, March 4.
A commodity swap is used to hedge against commodity price swings by locking in a price.
From Pro Farmer’s First Thing Today, these are some of the stories we are watching on Wednesday, March 3.
Global supply and demand are more important than ever. Accurate information is difficult to find, whether it be from NASS or China.
Understand the fundamentals at play for prices.
May corn prices were up 6.5¢ and May soybean prices were up 25¢ for the week ending Feb. 26. March wheat prices were up 3.5¢.
Despite a couple down days in the commodity markets, core commodity prices were on a solid run in the past couple of weeks. And as a bull market continues to take shape, there are a few key factors in the driver’s seat
The strength and timing of the economic recovery are contingent on three uncertain factors.
USDA’s Chief Economist says the battle for 2021 acreage is on, and it may even bid into specialty crop acres amid strong signals that China plans to continue buying corn and soybeans.
Unprecedented U.S. weather conditions, export numbers and USDA’s Ag Outlook Forum all weighed on prices this week, says Jamie Wasemiller, market analyst with Gulke Group.
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